How will the new mega-company, formed by the merger of Heinz and Kraft Foods, affect our region?
H.J. Heinz Co. is buying Kraft Foods Group Inc., creating what the companies say will be the third-largest food and beverage company in North America.
The rapidly changing tools of the work place and the way we shop has led to another major consolidation in the retail office supply business as Staples announced the $6 billion acquisition of rival Office Depot.
Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh.
A federal judge has approved the withdrawal of a proposed settlement of health insurance ratepayers and insurer Highmark Inc.
It’s almost a done deal, with 95 percent of the shareholders approving the acquisition of Heinz by Berkshire Company and a Brazilian private equity company for $72.50 per share.
Highmark has launched a new advertisement designed to rally support for its acquisition of West Penn Allegheny with a pointed attack on its rival UPMC.
PNC Financial Service Group announced that they plan on acquiring the United States retail operations of Royal Bank of Canada Monday morning.